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ARK CONSULTING PVT LTD Activity: EXPORT/ IMPORT FUNDING Contact person : A.G.ATEEQ Address : 19/3&4 DINNUR MAIN ROAD,R.T.NAGAR, BANGALORE, , INDIA, 5600032 Telephone : +91809243438164 Email : exim@arkgroup.biz Web site : arkgroup.biz (see financial services) AVAIL REFINANCE (CREDIT) AGAINST YOUR LETTER OF CREDIT. 1. IMPORTERS CAN AVAIL REFINANCE AGAINST THEIR LETTERS OF CREDIT(LC) BY DEFERING THEIR PAYMENTS UPTO 180 DAYS TO THE EXPORTER .THE REFINANCE BANK NOMINATED BY US WILL TAKE OVER THE IMPORTERS DEBT AND MAKES PAYMENT TO THE EXPORTER AT SIGHT.THIS GIVES THE IMPORTER ABLITY TO DEFER THE PAYMENT UPTO 180 DAYS.. BENIFITS FOR THE IMPORTER: * FREE- UP CAPITAL. *LIQUIDATE THE GOODS IMPORTED AND ROTATE THE CAPITAL. *IMPORTERS HAVING LINE OF CREDIT FROM BANKS CAN AVAIL LOW COST FUNDING. *LOW REFINANCE RATE OF LIBOR +0.5% PER ANNUM. 2. EXPORTERS CAN OFFER CREDIT TO THEIR IMPORTERS UPTO 180 DAYS AND AND AT THE SAME TIME COLLECT CASH AT SIGHT FROM THE REFINANCE BANK NOMINATED BY US. BENIFITS FOR THE EXPORTER: * EXCELLENT TOOL TO EXPAND THE MARKET. *COLLECT CASH AT SIGHT AND IMPROVE LIQUIDITY. *QUICK ROTATION OF SHIPMENTS DUE TO HIGH CASH LIQUIDITY. *LOW COST OF REFINANCE LIBOR + 0.5% CAN BE ABSORBED BY THE EXPORTER OR INCLUDED INTO THE PRICING OF THE EXPORT SHIPMENT. *RISK OF THE IMPORTERS NON-PAYMENT IS TOTALLY ELIMINATED. *RISK OF INTEREST RATE FLUCTUATONS IS ELIMINATED AS THE RATE IS FIXED OVER LIBOR . NOTE: - REFINANCE ONLY AGAINST LETTERS OF CREDIT ISSUED BY BANKS. -APPLICATIONS ONLY FOR MINIMUM OF USD 50000 AND MAXIMUM OF USD 20,000000. -REFINANCE APPROVAL CAN BE HAD IN 2-3 WORKING DAYS. -REFINANCE IS AVAILABLE FOR BOTH GOODS AND SERVICES SHIPMENTS. --NO GUARANTEES OR COLLATERAL REQUIRED. PLEASE DO CONTACT US FOR ALL YOUR REQUIRMENTS. THANKING YOU & BEST REGARDS FOR ARK CONSULTING PVT LTD A.G.ATEEQ DIRECTOR 19/3&4, DINNUR MAIN ROAD, R.T.NAGAR, BANGALORE5-600032 MOBILE-09243438164. OFFICE-080-51244987 / 080- 51325664. EMAIL- exim@arkgroup.biz posted on: 2004-10-22